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Bank of New York Mellon (FRA:BN9) Cyclically Adjusted PS Ratio : 4.11 (As of May. 22, 2025)


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What is Bank of New York Mellon Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Bank of New York Mellon's current share price is €78.65. Bank of New York Mellon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €19.13. Bank of New York Mellon's Cyclically Adjusted PS Ratio for today is 4.11.

The historical rank and industry rank for Bank of New York Mellon's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:BN9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 3.31   Max: 4.59
Current: 4.21

During the past years, Bank of New York Mellon's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 2.00. And the median was 3.31.

FRA:BN9's Cyclically Adjusted PS Ratio is ranked worse than
77.46% of 1242 companies
in the Banks industry
Industry Median: 2.74 vs FRA:BN9: 4.21

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bank of New York Mellon's adjusted revenue per share data for the three months ended in Mar. 2025 was €5.960. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €19.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of New York Mellon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of New York Mellon's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of New York Mellon Cyclically Adjusted PS Ratio Chart

Bank of New York Mellon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 3.49 2.51 2.69 3.72

Bank of New York Mellon Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.90 2.97 3.52 3.72 3.97

Competitive Comparison of Bank of New York Mellon's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Bank of New York Mellon's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of New York Mellon's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of New York Mellon's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Cyclically Adjusted PS Ratio falls into.


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Bank of New York Mellon Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Bank of New York Mellon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.65/19.13
=4.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bank of New York Mellon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bank of New York Mellon's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.96/134.9266*134.9266
=5.960

Current CPI (Mar. 2025) = 134.9266.

Bank of New York Mellon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.009 100.684 4.032
201509 2.978 100.392 4.002
201512 3.043 99.792 4.114
201603 3.004 100.470 4.034
201606 3.033 101.688 4.024
201609 3.201 101.861 4.240
201612 3.312 101.863 4.387
201703 3.340 102.862 4.381
201706 3.290 103.349 4.295
201709 3.148 104.136 4.079
201712 2.970 104.011 3.853
201803 3.232 105.290 4.142
201806 3.403 106.317 4.319
201809 3.390 106.507 4.295
201812 3.478 105.998 4.427
201903 3.489 107.251 4.389
201906 3.553 108.070 4.436
201909 3.653 108.329 4.550
201912 4.610 108.420 5.737
202003 4.054 108.902 5.023
202006 3.914 108.767 4.855
202009 3.584 109.815 4.404
202012 3.473 109.897 4.264
202103 3.649 111.754 4.406
202106 3.694 114.631 4.348
202109 3.964 115.734 4.621
202112 4.266 117.630 4.893
202203 4.315 121.301 4.800
202206 4.842 125.017 5.226
202209 5.151 125.227 5.550
202212 4.606 125.222 4.963
202303 5.008 127.348 5.306
202306 5.150 128.729 5.398
202309 5.193 129.860 5.396
202312 5.249 129.419 5.472
202403 5.348 131.776 5.476
202406 5.573 132.554 5.673
202409 5.534 133.029 5.613
202412 6.187 133.157 6.269
202503 5.960 134.927 5.960

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bank of New York Mellon  (FRA:BN9) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Bank of New York Mellon Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Bank of New York Mellon's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of New York Mellon Business Description

Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $52.1 trillion in under custody or administration (as of December 2024), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.0 trillion in assets.

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